use of collateral in bank loan contracts as well as the existence of relational compared to arm's length lending. In this … neither confirm that a high priority for se-cured lenders explains an excessive use of collateral in bank loans nor that a … priority for inside collateral promotes relational lending. Regarding relational lending we point to variables lying outside …

start-ups caused by lacking collateral or equity and high information asymmetry. The present study quantifies the economic …

-mentioned key services, especially when programmes are larger and/or are retained by the issuer for use as collateral with the … for networks based on the use of securities as Eurosystem collateral. These findings help demonstrate the importance of …

Repo auctions are used to inject central bank funds against collateral into the banking sector. The ECB uses standard … suggests that bidders are concerned with the loser's nightmare and have limited amounts of the cheapest eligible collateral. …

lending, borrower quality and collateral as a key variable in loan contract design. We used a unique data set based on the … borrower quality and the incidence or degree of collateralization. Our results indicate that the use of collateral in loan … housebanks do require more collateral from their debtors, thereby increasing the borrower's lock-in and strengthening the banks …

This paper analyses the role of collateral in loan contracting when companies are financed by multiple bank lenders and … the view that collateral is a strategic instrument intended to influence the bargaining position of banks. Our result …

type of collateral that is comparable to the floating lien. We explore this natural experiment to identify how collateral …-in-differences approach, we find that following the change in the law and the loss in collateral value borrowers pay a higher interest rate on … credit by their bank. The reduction in collateral value also precedes a decrease in bank monitoring intensity and frequency …

the bank uses in lending to business firms, namely loan maturity, collateral and loan interest rate. Based upon the …-directional relationships between collateral and loan maturity, loan rate and loan maturity, and a uni-directional relationship between loan … rate and collateral. The conflicting signs within the collateral–loan maturity relationship and the loan interest rate …